The Fed Chief is opening the door to interest rate boosts.
Fed Chief Edges Closer to Using Rates to Pop Bubbles - WSJ.com
My advice: Beware of Federal policymakers who think that higher rates/prices are the way to stimulate a weak economy. This is way simpler than Econ 101, but not for the Feds, who doggishly cling to failed economic policy emphasizing government intervention as the solution to economic ills. [Note: It is true that judicious regulation, which was lacking in the runup of the housing bubble, is a valid role of government, but not economic intervention. It's a tool they like to use because they are so self-focused!] - David
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